Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Capacity Crunch Freight LTL

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Supply Chain Predictions for 2018

Material Handling and Logistics

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018. The Uberization of Freight.

Eight Key Takeaways From FreighTech 2018:TLV

Freightos

This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight is cool again.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Understand freight classes and bands. Freight LTL

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

Source: The Daily Dot. based startup with some ambitious plans to solve several key pain points in global trade - unified end-to-end track and trace across carriers, a decentralized freight brokerage platform to match shippers and carriers, and an incentivization platform to encourage good stewardship by rewarding operators for delivering on time, or by taking the most energy efficient route, safe driving etc. The global logistics market is predicted to reach US 15.5

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

HighJump Launches Warehouse Control System at CSCMP Edge 2018. Reduce cold chain risk with live temperature control – Track temperature in real-time across cold chains via connections to a wide variety of IoT sources, allowing users to receive alerts as soon as exceptions occur to ensure freshness and avoid loss. The post This Week in Logistics News (October 1-5, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts.

Risk Management: Is 2018 the Year of Living Dangerously?

Enterra Insights

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. If supply chain complexity, global competition, information collection challenges, climate change, natural disasters, and protectionism aren’t enough to worry about, Benjamin Roussey insists five IT security risks are going to make 2018 a nightmare for risk managers.

Gartner’s 2018 Top 25 Supply Chains List! Is it Still Relevant?

Supply Chain Game Changer

Gartner recently announced their 2018 Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. Source: Gartner. But overall most of the list was the same as 2017. In fact if you go back 5 years to 2013 you will find that most of the names are the same as on the 2018 list. Source: Gartner (May 2018). Copyright Mortson Enterprises Inc, 2018. The post Gartner’s 2018 Top 25 Supply Chains List! Subscribe Here!

Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018

Talking Logistics

The comment caught my attention because later that morning I was going to moderate a discussion with Dan Dershem , General Partner at Supply Chain Ventures, about emerging technologies such as blockchain, artificial intelligence and machine learning, autonomous trucks, and digital freight. Digital Freight. I think I have personally looked at no less than 50 digital freight companies. Transplace TMS Screenshots (source: Transplace).

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Cass Truckload Linehaul Index (July 2018). Here are some excerpts from the press release: 94 organizations are actively involved or have agreed to participate on the TradeLens platform, including more than 20 port and terminal operators across the globe; customs authorities in the Netherlands, Saudi Arabia, Singapore, Australia and Peru; and freight forwarders, transportation and logistics companies including Agility, CEVA Logistics, and DAMCO. I’m back from vacation.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions. in this case, responsible sourcing. Source Smarter. Source: Purina. Source: Nestlé. procurement #sourcing #purchasing.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. range throughout 2018. Technology Comes to the Aid of Freight Companies. But to effectively grapple with their operations to make them faster and better, companies will have to be committed to streamlining their processes — from sourcing, to loading, to manpower utilization and more. truck drivers transportation freight trucking

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Source: [link]. Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Robinson launching a trans-Eurasian rail freight service between China and Europe. It is for freight that requires faster transit times than ocean, at twice the speed, with substantial savings over air,” said Mike Short, president, Global Forwarding at C.H. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (October 29 – November 2, 2018)

Talking Logistics

UPS Tells Shippers to Prepare for Freight Strike (WSJ – sub. Robinson Reports 2018 Third Quarter Results. ” Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, Aug. The post This Week in Logistics News (October 29 – November 2, 2018) appeared first on Talking Logistics with Adrian Gonzalez. I’m in beautiful Santa Fe, New Mexico this morning.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. In this “The Freight Project Podcast” episode you’ll hear : How in the retail space it is vital that marketing, sales, and the supply chain & logistics teams collaborate to achieve shared goals of consistent logistics.

Do you have a Freight Management Strategy or are you Spinning your Wheels?

Supply Chain Game Changer

In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend. But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. Aside from the cost impact the service implications of a poor Freight management system are enormous.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. range throughout 2018. Technology Comes to the Aid of Freight Companies. But to effectively grapple with their operations to make them faster and better, companies will have to be committed to streamlining their processes — from sourcing, to loading, to manpower utilization and more. truck drivers transportation freight trucking

Top Four Ways to Score Savings Using Freight Optimization Tools

Talking Logistics

This could mean taking shipments from multiple sources and consolidating them into the lowest possible number of vehicles and shipments, using mode shifting to yield benefits across the supply chain. TMS and freight optimization technology make this holistic strategy much easier to execute. The post Top Four Ways to Score Savings Using Freight Optimization Tools appeared first on Talking Logistics with Adrian Gonzalez.

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Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants.

Is Amazon In-Sourcing or Creating a New Service? You Already Know

Cerasis

2018) by resting on its laurels. The post Is Amazon In-Sourcing or Creating a New Service? E-Commerce Logistics Freight Logistics amazon in-sourcingAmazon didn’t get to where it is today (hit a market cap of $1 trillion in Sept. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon.read More.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. On the other end of the line, the exasperated head of transportation responds, “Listen, my team now spends eighty percent of each day scouring the spot market just to get all of our freight covered!

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

The list of Incoterms is created and managed by the International Chamber of Commerce , and managing supply chain SLAs relies heavily on this decades-old list to ensure consistency and clear communications in contractual details for moving freight. Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Rather than subjective guesswork, this method allows freight forwarders to predict if the average daily transit time is expected to rise or fall up to a week in advance. Such insights are incredibly valuable in a sector like air freight, where it accounts for only 1 percent of global trade in terms of tonnage but 35 percent in terms of value.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management. Automated Freight RFQ (Request for Quote) and Contract Management.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services. Their early 2018 competition assessment noted that “companies that provide fulfillment and logistics services for themselves” are competition.

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How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

12 Distribution Center Best Practices You Need to Implement Today

Cerasis

The more you can eliminate sources of human error — such as taking notes on scraps of paper —?the Imagine the benefits of moving freight from one truck to the next without first having it sit in limbo on your floor. . You know better than anybody that the layman would probably never believe how complicated distribution center management can be.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Supply Chain Collaborator

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. On the other end of the line, the exasperated head of transportation responds, “Listen, my team now spends eighty percent of each day scouring the spot market just to get all of our freight covered!

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. The Challenges of Freight. In the world of procurement, freight sourcing is a unicorn… it’s unique and complex with multiple modes, varying capacities, innumerable regulation requirements and safety issues.

Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

And if necessary you may want to dual source some of your supply with more than one supplier. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? . Freight #Logistics #SupplyChain #SCM #Distribution #Transportation. The post Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain! E-Commerce Freight and Logistics Supply Chain Management Distribution Freight Logistics SCM supplychain Transportation

Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

Intermediaries may include financial experts, data analysts, freight auditors, and more. Freight audits will become almost nonexistent as information is tracked to the point of origin, whether it’s the manufacturing location, raw materials used, sourcing of reclaimed parts, or payment processing. According to McKendrick , blockchain automates the invoicing process, eliminating errors that affect up to 10 percent of all freight invoices.

Unlocking the Value in Blockchain for Logistics

Cerasis

For instance, blockchain enhances freight auditing and invoice management, as well as cybersecurity. The capacity crunch is accelerating, and monitoring capacity, as well as working with multiple carriers, will be key to ensuring available carriers for freight. Blockchain also helps with the manufacturing process, helping consumers tap into additive manufacturing sources, like 3D printing, for parts fulfillment, reducing the cost of manufacturing and transport along the way.

Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

Cerasis

Blockchain technology increases traceability, and knowing asset, as well as inventory or freight , location, can be used to reroute supply chain processes to reduce disruption caused by such events. Creating a centralized source of information necessary to mitigate losses. Blockchain’s relative adolescence to other supply chain technologies makes it an ideal source for managing disaster preparedness and mitigating losses.